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Bima Labs raised $2.25M in Seed funding led by Portal Ventures to develop Bitcoin-backed stablecoins.

Bima Labs raised $2.25M in Seed funding led by Portal Ventures to develop Bitcoin-backed stablecoins.

07/17/24, 4:27 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan mateo
Money raised
$2.25 million
Industry
financial services
Investors
Smokey, Jeffrey Feng, Paul Kim, Brian Crain, Paul Taylor, Ryan Fang, Domo, Core Dao, Halo Capital, Delta Blockchain Fund, Luxor Technology, Sats Ventures, Draper Goren Blockchain, Portal Ventures
Bima Labs, a San Mateo, CA-based developer of Bitcoin-backed stablecoins, raised $2.25M in Seed funding. The round was led by Portal Ventures, with participation from various other investors. The company intends to use the funds to expand operations and development efforts.

Company Info

Company
Bima Labs
Location
san mateo, california, united states
Additional Info
Bima Labs is committed to creating a stable and secure financial ecosystem that leverages the strengths of Bitcoin, providing users with unparalleled opportunities for growth and financial innovation.

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